Java IoT Authors: Liz McMillan, Elizabeth White, Roger Strukhoff, Yeshim Deniz, Pat Romanski

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Linux Containers, Cloud Security, @DXWorldExpo

@CloudExpo: Article

Four Things to Consider for E-Signature Security in the Cloud

Striking the right balance to manage risk while ensuring maximum adoption

As the number of companies adopting cloud-based solutions continues to increase, security remains top of mind for vendors, companies and their customers. Organizations of all types and sizes are opting for cloud e-signatures for many reasons including speed-to-market, agility and a lower total cost of ownership. What organizations concerned with cloud security may not know is that all e-signature solutions are not created equal; enterprise-class cloud e-signatures enable security that is beyond simply passing a security audit or obtaining certification. There are four areas organizations should keep in mind when considering SaaS e-signatures.

1. Data Protection
Recent large-scale data breaches and general concern over personal privacy in digital spaces have understandably left many wondering if their customer data is secure. E-signature solution vendors have the responsibility to ensure data is safe, which includes protecting against privacy breaches or malware attacks and ensuring that data is encrypted in transit and at rest.

In order to demonstrate that the organization has adequate controls for data protection, including technology and processes, the e-signature service host should meet the strictest certification standards like Service Organization Controls (SOC) 2, which reflects that the organization has adequate controls for data protection, including technology and processes.

The good news is that cloud computing has matured over the years and now offers trustworthy infrastructure solutions with stringent security protocols in place. However, the infrastructure used not only needs to ensure high availability, but also that the data is securely backed up and is protected against unauthorized access. The e-signature provider should be leveraging a mature, trusted and certified cloud infrastructure solution such as Amazon Web Services rather than relying on in-house servers. Finally, when evaluating an e-signature vendor, it's important to ask what security protocols and controls are in place to ensure it is keeping data safe and secure.

2. Strong Identification, Authentication & Attribution
Security and user identification, authentication and attribution are important considerations for organizations wanting to embrace cloud-based technologies. Identification is the progress of verifying someone's identity either in person or remotely, whereas authentication is the process of verifying user credentials (most often user name and password) prior to giving access to a system - in this case, e-signing. Many financial services, insurance, healthcare and government organizations require advanced authentication methods to validate the identity of signers. Examples of identification can include email, SMS text passcode, Q&A and third-party authentication services. The e-signature solution should offer a variety of ways to authenticate signers depending on:

  • The legal and compliance risk
  • The likelihood of fraud
  • The value of the process being automated

3. Tamper-Evident E-Signatures
With tamper-evident controls, all parties involved in a transaction can trust the integrity of a signed document. If the document has been adjusted even slightly, it will invalidate any signatures and alert signers to the fact that it has been tampered with.

In order to ensure these controls are properly in place, digital signature technology should be applied at each signature location, creating a digital fingerprint of the document (called a hash) that can be used at any point to verify the integrity of the electronic record. This verification should take place in the document rather than sending the use to the vendor's website to validate the signature. Since e-signatures are only as good as the security that protects them, it's important that any attempt to tamper with any part of the document, for example adding or deleting words or replacing pages, should be visible. An enterprise-class e-signature solution should demonstrate this tampering by invalidating all the signature areas within the document.

4. Detailed Evidence Through an Embedded Audit Trail
The hashing of information into the document not only secures a document but it also creates a reliable and consistent audit trail of who signed, in what order, at what time and in what locations. Further, using e-signatures built on digital signature technology, the audit trail is securely embedded into the document. That means that all electronic signatures, the time stamping and the audit trails would be embedded directly within the document and not stored separately in the cloud or ‘logically' associated in a vault or proprietary database.

Organizations should have access to this data without having to depend on a vendor or its systems for access. This type of vendor independence is a concern for many organizations looking at cloud applications and gives users peace of mind that their valuable business records will remain in their control for as long as their retention policies require. An embedded audit trail means your e-signed records will work seamlessly with your content management systems or your chosen system of record.

When it comes to electronic signatures, taking a multi-pronged approach will ensure the highest level of security for documents and data that pass through a cloud e-signature solution. At the same time, it's important to choose an enterprise-class e-signature solution that offers additional security measures like embedding all data associated with the transaction into the document, reliably reproducing that data as evidence in the event of a dispute and enabling the reduction of risk around non-compliance. Ultimately, this multilayer approach to cloud e-signature security will foster customer confidence and protect an organization's reputation.

As organizations ponder these security features and requirements, it is highly recommended that they apply a level of controls and safeguards comparable to the paper process. Some organizations have a tendency to believe that putting a process online requires stricter security, however security and usability can at times be opposing forces. Organizations must strike the right balance so to manage risk while ensuring maximum adoption.

More Stories By Tommy Petrogiannis

Tommy Petrogiannis is CEO & Co-Founder of Silanis. As President and CEO, he is responsible for setting the company strategy and vision, building corporate culture and ensuring the entire team is working towards the corporate goal of delivering the ‘best possible customer experience’.

Within Silanis, Tommy has inspired a deeply-rooted culture of charitable giving and community involvement, supporting causes proposed by employees as well as those to which the company has a longstanding commitment. These have included the Royal Victoria Hospital’s Tiny Survivors Program, Canderel Cancer Run, Leukemia & Lymphoma Society, Kids Code Program and others.

Tommy’s two decades of IT experience include positions at Compaq and Matrox Electronics.

He holds a BS in engineering from Concordia University.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

@ThingsExpo Stories
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...